Buying an engagement ring

Discussion in 'Jewellery & Gems' started by SilverTounge15, Jun 29, 2016.

  1. SilverTounge15

    SilverTounge15 Well-Known Member Silver Stacker

    Joined:
    Mar 27, 2015
    Messages:
    1,322
    Likes Received:
    1,298
    Trophy Points:
    113
    Location:
    Adelaide
    My budget depends on the timing of the purchase as i often find myself shifting money around in different places but can come anywhere between $3000 and $10000
    I earlier said that i would not be as worried about colour but that has changed
    Im just going to search until i find one diamond that feels right
    and continue learning about them until i do
    Thank you to everyone i will be following up everybody's recommendations both in this thread and in private msgs.....
     
  2. JulieW

    JulieW Well-Known Member Silver Stacker

    Joined:
    Oct 14, 2010
    Messages:
    13,064
    Likes Received:
    3,292
    Trophy Points:
    113
    Location:
    Australia
    Just a suggestion:

    [​IMG]
     
  3. Old Codger

    Old Codger Active Member Silver Stacker

    Joined:
    May 13, 2011
    Messages:
    4,782
    Likes Received:
    5
    Trophy Points:
    38
    Our engagement ring cost FIFTY POUNDS in 1959. Made just for us to our design by an old Tobruk mate of the FiL.

    Valued at $4000 about 2 years ago at Benjamins.

    Handed all the jewellery down to the kids about then, (NEVER take rings etc into a nursing home).

    OC
     
  4. silversearcher

    silversearcher Active Member Silver Stacker

    Joined:
    Nov 6, 2012
    Messages:
    802
    Likes Received:
    130
    Trophy Points:
    43
    Location:
    Australia
    I suggest you go to local jewellers and get one made up. I did this with my wife. You choose the amount of gold in the ring and diamond to be set. It will save money and you will most likely get a better quality ring...
     
  5. Old Codger

    Old Codger Active Member Silver Stacker

    Joined:
    May 13, 2011
    Messages:
    4,782
    Likes Received:
    5
    Trophy Points:
    38
    I could think of a couple of jokes in this thread, but Julie would have a go at me.

    OC
     
  6. mats224

    mats224 Active Member Silver Stacker

    Joined:
    Jan 26, 2014
    Messages:
    473
    Likes Received:
    123
    Trophy Points:
    43
    Location:
    Newcastle
    What about something a little different to a plain diamond? Loose stone purchased off a member here and custom made into a ring and hasn't seen the light of day since completed. If you are after a diamond ring only PM me I have relatives in the jewellery business and have quiet a selection 2nd hand too.
    [​IMG]
    [​IMG]
    [​IMG]
     
  7. Stoic Phoenix

    Stoic Phoenix Well-Known Member Silver Stacker

    Joined:
    Nov 12, 2014
    Messages:
    4,226
    Likes Received:
    1,994
    Trophy Points:
    113
  8. spannermonkey

    spannermonkey Well-Known Member Silver Stacker

    Joined:
    Jun 5, 2010
    Messages:
    15,808
    Likes Received:
    2,600
    Trophy Points:
    113
    Location:
    here there everywhere
  9. BBQ

    BBQ Member

    Joined:
    Aug 29, 2010
    Messages:
    919
    Likes Received:
    16
    Trophy Points:
    18
    Location:
    Melbourne
    You need to watch this video if you haven't already.
    That is the extent of my advice.

    [youtube]http://www.youtube.com/watch?v=N5kWu1ifBGU[/youtube]
     
  10. SilverTounge15

    SilverTounge15 Well-Known Member Silver Stacker

    Joined:
    Mar 27, 2015
    Messages:
    1,322
    Likes Received:
    1,298
    Trophy Points:
    113
    Location:
    Adelaide
    Yes thankyou, I am fully aware of our modern day slavery

    Isnt it funny that i will be purchasing this grossly overpriced diamond with money that is worthless.....

    Still...... Cant wait to see the look on her face and her friends face when her diamond is more impressive than her friends rocks....
     
  11. Old Codger

    Old Codger Active Member Silver Stacker

    Joined:
    May 13, 2011
    Messages:
    4,782
    Likes Received:
    5
    Trophy Points:
    38
    Who is paying for the wedding?

    Hope you have your own private PRINTING PRESS!

    OC
     
  12. Old Codger

    Old Codger Active Member Silver Stacker

    Joined:
    May 13, 2011
    Messages:
    4,782
    Likes Received:
    5
    Trophy Points:
    38
    Hardly anyone gets married any more, have not been to a wedding since Adam was a lad.

    OC
     
  13. Guest

    Guest Guest

    It may be helpful to buy the stone separately and shop around for a jeweler that won't rip you off who will make the ring (ie, only charging you a reasonable price to make the ring + the price of the gold or platinum... don't enter a shopping mall and ask a chain store to custom make you a ring, they'll rip you off.)
    also buying a stone just under 1 carat can be good value
     
  14. REDBACK

    REDBACK Well-Known Member Silver Stacker

    Joined:
    Nov 22, 2011
    Messages:
    4,133
    Likes Received:
    1,640
    Trophy Points:
    113
    Location:
    Melbourne
    I told my wife when we first got together that i would never buy her a diamond ring but she could ask for all the gold jewellery she wanted.
    Truly its worked out well.

    REDBACK
     
  15. brisbanecoin

    brisbanecoin Member Silver Stacker

    Joined:
    Feb 25, 2011
    Messages:
    712
    Likes Received:
    1
    Trophy Points:
    18
    Location:
    Australia

    Mats That came out stunning mate, I've been waiting to see how that came out.


    Silver Tounge PM me I have helped many friends source there engagement ring (Or at least diamonds for the ring) and believe I can give some good pointers!

    Some general info to help.
    Clarity-When it comes to Engagement ring diamonds you would be surprised how many people will look intently at the ring so it is important to get a clean diamond. (At least Si2 depending on the type of inclusion it has, a white feather in the corner that would be covered is much better then some carbon spots. (Most chain jewellers only stock I1 diamonds with there better range up to Si1 so be very careful here)

    Colour- Stay above I, I know some people would say D-H but I can represent some good value and 99.9% of people wouldn't be able to tell you the difference between an H and an I diamond. It also depends on what metal your setting in as even a J diamond can look pretty good if set in Yellow gold however you would be able to see the tinge in white metral.

    Cut- (Not the actual cut name such as round or princess but how the stone is actually cut) It has to be at least a good cut but exceptional is better a poorly cut VVS diamond will still not look as good as a well cut Si diamond. This unfortunately is the most complicated step to judge because it takes experience and looking at Many many stones to be able to see.

    Carat- This is still an important C but you have to understand that the shape you pick will give a very different face up size. Therefore a 1 ct asscher cut will probably look the same as an 0.80ct princess as it generally requires more depth (So more of your ct weight is underneath the stone which in the cut gives you better sparkle but faces up smaller)

    Other- DO NOT buy the grade, so many people say well my paperwork says its VVS2 but they have been very generous and it is actually only an Si2. Buy the stone, not the grade. As for the comment that the price is 8 to 10 times less then the appraisal this is dependant on the appraiser. In most cases even buying used you will pay 20% of the valuation however once you get above a 1 ct diamond the margins start getting thinner and you will probably end up paying between 25-35% of the Appraised value. (note this is only on used stones, rings buying retail you will always pay more 50-80% of the appraised value normally)

    If you decide you want a coloured stone as the centre, make sure that's what your partner wants as some lady's are quite sold on diamond only, others are open to whatever. She has to wear so make sure its something she likes! When you start getting into high grade coloured stones they are not necessarily cheaper then diamonds. This route can open up many more opportunities and custom cuts but won't bother going into that unless you want to know more.

    Best luck on your hunt, if you want some pointers PM me!
     
    Bear Metal likes this.
  16. Guest

    Guest Guest

    Thanks BrisbaneCoin.. That was a very informative read.
    Cheers for that!
     
  17. SilverTounge15

    SilverTounge15 Well-Known Member Silver Stacker

    Joined:
    Mar 27, 2015
    Messages:
    1,322
    Likes Received:
    1,298
    Trophy Points:
    113
    Location:
    Adelaide
    Thankyou to everybody for their input and help

    I have now found the ring and its perfect.....
     
  18. GRETZKY427

    GRETZKY427 Active Member Silver Stacker

    Joined:
    Nov 22, 2014
    Messages:
    1,107
    Likes Received:
    3
    Trophy Points:
    38
    Location:
    Australia/Canada
    I brought a engagement & wedding ring set...better value IMO but each to there own :)

    And if worse case you are worried she will hate it...let her pick and you buy :)

    Cheers, HAPPY STACKING :)
     
  19. trew

    trew Active Member Silver Stacker

    Joined:
    Aug 24, 2011
    Messages:
    3,653
    Likes Received:
    7
    Trophy Points:
    38
    Location:
    Melbern

    What makes you think you will be able to pick a ring she will like ?

    Let her choose
     
  20. silverfry

    silverfry Member

    Joined:
    Jan 31, 2016
    Messages:
    84
    Likes Received:
    20
    Trophy Points:
    8
    Location:
    W.A -Australia
    Get the best you can afford at the time and something your future wife to be will love and be proud to show her friends and family. I got the biggest and best color, clarity etc.. at the time and I have not had to buy another diamond since. Happily married for almost 7 years.
     

Share This Page